Essay Sample on Economic Behavior

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Carnegie Mellon University
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Economic behavior begins and ends in the brain. Behavioral economics has been constrained by facts about how people behave, feel and think. Behavioral economics depends on psychology sets emphasis upon examination and try to uncover puerile mental factor that may influence conduct alternatives from mental qualities and behavioral attributes (Altman 2012). As indicated by behavioral economics, individuals are vivacious, to be specific, passionate silly and recognition drove component distinguishes in human nature. Standard economics conjectures that human practices are objective and vain, which may prompt the boost of the welfare of both individual and the general public. Behavioral economics relies deeply on logical experiments to define how individuals behave in diverse circumstances (Altman 2012). The perspective on behavioral economies argues that people are not expected to have the knowledge of everything or be narrowly selfish. However, they are expected to be influenced by the society, environment and the world around them and more specifically by family, friends, culture, past decision and religion. People are also expected to be influenced by their brain structure (Altman 2012). It is also evident form behavioral economies that people are not the same; they have different desires, tasters, bargaining power and wants which has a significant impact on their choices in life.

A robust relationship exists between dishonesty and creativity. Gino and Ariely (2012) offer an experimental research experiment evidence that drives its hypothesis from the relationship between unethical behavior and creativity. In his research, Gino and Ariely (2012) found that creative people showed a natural aptitude for divergent thinking had a high possibility to cheat as compared to the linear thinkers. The aspect of creativity according to Gino and Ariely (2012)is a better interpreter of unethical behavior than intellect. Individuals who are perceived to think relatively showed a higher possibility to chat compare to those who do not think outside the box. There is a connection amongst imagination and justification. As Isay (2014) proposed, the capacity of the vast majority to act deceptively may be limited by their capacity to cheat and in the meantime feel that they are acting as good people. To the degree that inventiveness enables individuals to all the more effectively carry on unscrupulously and excuse this conduct, innovativeness may be a more broad driver of this kind of deceptive nature and assume a helpful part in understanding dishonest conduct.

From this context on behavioral economics and original thinking dishonest comes the question: is it a lie if you believe it? The domain of false articulations is substantial and unbelievably diverse. It incorporates innocent errors; fair misquotes and deception that might be shared honestly or spread purposefully in the administration of some bigger reason, exemplary or disgusting. It incorporates mocking and unexpected articulations, distortions and under-representation, jokes, apparition stories, fanciful stories and urban legends. It incorporates purposeful publicity, talk, gossip, turn, promoting and charismatic skill. It incorporates white untruths, code words and the little lies and confusions advised to secure the helpless or to protect the purity. According to Isay (2014), if one believes a lie, he/she should just keep the peace because he/she has chosen to live in a lie.

The issue of people preserving their identity through unethical behavior greatly emphasizes on self-gain. The tendency to utilize relational relations perceptively have less apprehension about results for others. Dishonest behavior increases when representatives feel that their associates will not criticize their activities and their activities will not hurt a potential loss. They will contribute in other deceptive manner when a person or an organization advances a self-climate rather than a domain that focuses on illustrative contemplation.

To protect ourselves from bad behavior, first, it is mandatory to set and enforce limits on negative influence from people who wallow their problems and are not focused on a solution. This kind of people is hard to deal with. The interaction should be minimized because once one lends a listening ear to the persons, then he/she will be sucked into the negative emotional drama. It is also good to maintain a level of emotional detachment from other people opinion. Individuals who deal with their lives viably are for the most part the individuals who work inside, for instance, the individuals who realize that achievement and prosperity originate from inside. Contrary individuals, for the most part, work remotely, for instance, accuse others or outside occasions for everything that does or doesn't occur.

Deviance is not an arrangement of qualities of individuals, but instead, it is a process of communication amongst enthusiasts and non-degenerate in which responsibility is characterized. It begins with the suspicion that no demonstration is naturally criminal. Rather, meanings of guilt are set up by individuals with pronounced impact through the particularizing of laws and the exposition of those laws by courts, police, and restorative foundations. The imbalance between social objectives and vitally accessible means can energize deviance. The individuals who connect with criminals, enthusiasts or culprits figure out how to esteem deviance. The more prominent the recurrence, term, and power of their drenching in degenerate situations, the more probable it is that they will wind up plainly freak.



Altman, Morris. 2012. Behavioral economics for dummies. Toronto: J. Wiley & Sons Canada.

Ariely, Dan. 2014. The honest truth about dishonesty: how we lie to everyone--especially

Ourselves. [Place of publication not identified]: Harper.

Ariely, Dan, Deborah Camiel, Mitch Weitzner, Yael Melamede, Chad Beck, Erin Barnett, Tom

Hurwitz, Marco Mastrorilli, and John Dragonetti. 2017. (Dis) honesty: the truth about lies.

Bryant, Clifton D. 2014. Deviant Behaviour: Readings In The Sociology Of Norm Violations.

London: Routledge.

Gino, F., and D. Ariely. 2012. "The Dark Side of Creativity: Original Thinkers Can Be More

Dishonest." Journal of Personality and Social Psychology. 102 (3): 445-459.

Isay, Jane. 2014. Secrets and lies: surviving the truths that change our lives. New York; London:



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